Advanced search
Publication Cover
Journal of Real Estate Literature Volume 19, 2011 - Issue 1
Submit an article Journal homepage
5
Views
3
CrossRef citations to date
0
Altmetric
Research Articles

MARKET SIGNALS ASSOCIATED WITH TAIWAN REIT IPOS: REACTIONS OF NON-REIT REAL ESTATE STOCKS

Ming-Long Lee National Dong Hwa University
,
Shew-Huei Kuo National Yunlin University of Science and Technology
,
Ming-Te Lee Ming Chuan University
&
Chia-Wei Lin National Yunlin University of Science and Technology
Pages 93-110 | Published online: 18 Jun 2020

  • Akhigbe, A., S.F. Borde, and A.M. Whyte. Does an Industry Effect Exist for Initial Public Offerings? The Financial Review, 2003, 38:4, 531–51. Does an Industry Effect Exist for Initial Public Offerings? The Financial Review 38 531 51
  • Akhigbe, A., J. Johnston, J. Madura, and T.M. Springer. Market Signals Associated with REIT IPOs. Journal of Real Estate Finance and Economics, 2004, 28:4, 355–67. Market Signals Associated with REIT IPOs. Journal of Real Estate Finance and Economics 28 355 67
  • Below, S., M.A. Zaman, and W. McIntosh. The Pricing of Real Estate Investment Trust Initial Public Offerings. Journal of Real Estate Finance and Economics, 1995, 11, 55–64. The Pricing of Real Estate Investment Trust Initial Public Offerings. Journal of Real Estate Finance and Economics 11 55 64
  • Bigman, T. and C. Chiu. The Case for a Strategic Allocation to Global Real Estate Securities. Morgan Stanley Investment Management, 2005, 1:2, 15–34. The Case for a Strategic Allocation to Global Real Estate Securities. Morgan Stanley Investment Management 1 15 34
  • Binder, J.J. Measuring the Effects of Regulation with Stock Price Data. The Rand Journal of Economics, 1985, 16:2, 167–83. Measuring the Effects of Regulation with Stock Price Data. The Rand Journal of Economics 16 167 83
  • Chan, S.H., M.H. Stohs, and K. Wang. Are Real Estate IPOs a Different Species? Evidence from Hong Kong IPOs. Journal of Real Estate Research, 2001, 21, 201–20. Are Real Estate IPOs a Different Species? Evidence from Hong Kong IPOs. Journal of Real Estate Research 21 201 20
  • Chen, M.C. and C.J. Guo. An Analysis of Long-term Performance of Taiwan Property Stock Comparative Study of Direct and Indirect Property Investment. Management Research, 2004, 4:2, 144–68. An Analysis of Long-term Performance of Taiwan Property Stock Comparative Study of Direct and Indirect Property Investment. Management Research 4 144 68
  • Dimovski, W. and R. Brooks. Factors Influencing Money Left on the Table by Property Trust IPO Issuers. Journal of Property Research, 2006a, 23, 269–80. Factors Influencing Money Left on the Table by Property Trust IPO Issuers. Journal of Property Research 23 269 80
  • Dimovski, W. and R. Brooks. The Pricing Property Trust IPO in Australia. Journal of Real Estate Finance and Economics, 2006b, 32, 185–99. The Pricing Property Trust IPO in Australia. Journal of Real Estate Finance and Economics 32 185 99
  • Fisher, Y. Peace and the Economy, 2010. Retrieved from http://www.jewishfederations.org/page.aspx?id_96485
  • Ghosh, C., R. Nag, and C.F. Sirmans. The Pricing of Seasoned Equity Offerings: Evidence from REITs. Real Estate Economics, 2000, 28, 363–84. The Pricing of Seasoned Equity Offerings: Evidence from REITs. Real Estate Economics 28 363 84
  • Giliberto, S.M. Equity Real Estate Investment Trusts and Real Estate Returns. Journal of Real Estate Research, 1990, 5:2, 259–63. Equity Real Estate Investment Trusts and Real Estate Returns. Journal of Real Estate Research 5 259 63
  • Gujarati, D.N. Basic Econometrics. Fourth Edition. Singapore: McGraw-Hill, 2003. Basic Econometrics.
  • Howe, J.S. and R. Jain. The REIT Modernization Act of 1999. Journal of Real Estate Finance and Economics, 2004, 28, 369–88. The REIT Modernization Act of 1999. Journal of Real Estate Finance and Economics 28 369 88
  • Hughes, F. International REIT-Market. Institutional Investment Real Estate Magazine, 2007, February.
  • Hughes, F. and J. Arissen. Top Real Estate Fund Managers Go Global. Real Estate Portfolio, 2006.
  • Kennedy, P.A. Guide to Econometrics. Third Edition. Oxford: Blackwell, 1993. Guide to Econometrics.
  • Kohers, N. The Industry-wide Implications of Dividend Omission and Initiation Announcements and the Determinants of Information Transfer. Financial Review, 1999, 34, 137–58. The Industry-wide Implications of Dividend Omission and Initiation Announcements and the Determinants of Information Transfer. Financial Review 34 137 58
  • Kutsuna, K., W. Dimovski, and R. Brooks. The Pricing and Underwriting Costs of Japanese REIT IPOs. Journal of Property Research, 2008, 25, 221–39. The Pricing and Underwriting Costs of Japanese REIT IPOs. Journal of Property Research 25 221 39
  • Lee, M.-L., M.-T. Lee, and K.C.H. Chiang. Real Estate Risk Exposure of Equity Real Estate Investment Trusts. The Journal of Real Estate Finance and Economics, 2008, 36:2, 165–81. Real Estate Risk Exposure of Equity Real Estate Investment Trusts. The Journal of Real Estate Finance and Economics 36 165 81
  • Ling, D. and M. Ryngaert. Valuation Uncertainty, Institutional Involvement, and the Underpricing of IPOs: The Case of REITs. Journal of Financial Economics, 1997, 43, 433– 56. Valuation Uncertainty, Institutional Involvement, and the Underpricing of IPOs: The Case of REITs. Journal of Financial Economics 43 433 56
  • Liow, K.H. and M.C. Sim. The Risks Return Profile of Asian Real Estate Stocks. Pacific Rim Property Research Journal, 2006, 12:3, 283–310.
  • Liziere, C. and S. Satchell. Interactions between Property and Equity Markets: An Investigation of Linkages in the United Kingdom 1972–1992. Journal of Real Estate Finance and Economics, 1997, 15:1, 11–26. Interactions between Property and Equity Markets: An Investigation of Linkages in the United Kingdom 1972–1992. Journal of Real Estate Finance and Economics 15 11 26
  • Moss, A. Asia REIT Market Overview. AME Capital, 2007, June.
  • O'Brien R.M. A Caution Regarding Rules of Thumb for Variance Inflation Factors. Quality and Quantity, 2007, 41, 673–90. A Caution Regarding Rules of Thumb for Variance Inflation Factors. Quality and Quantity 41 673 90
  • National Association of Real Estate Investment Trusts. Global Mutual Funds Hit Their Stride. Real Estate Portfolio, 2007, March/April.
  • Ooi, J.T.L., G. Newell, and T.-F. Sing. The Growth of REIT Markets in Asia. Journal of Real Estate Literature, 2006, 14:2, 203–22. The Growth of REIT Markets in Asia. Journal of Real Estate Literature 14 203 22
  • Sahi, W. and S.L. Lee. The Initial Returns of U.K. Property Company IPOs. Journal of Property Investment and Finance, 2001, 19, 127–39. The Initial Returns of U.K. Property Company IPOs. Journal of Property Investment and Finance 19 127 39
  • Sing, T.F., K.H.D. Ho, and M.F. Mak. Real Estate Market Reaction to Public Listings and Acquisition News of Malaysian REITs. Journal of Real Estate Portfolio Management, 2002, 8: 3, 209–27. Real Estate Market Reaction to Public Listings and Acquisition News of Malaysian REITs. Journal of Real Estate Portfolio Management 8 209 27
  • Thompson, R. Conditioning the Return-generating Process on Firm-specific Events: a Discussion of Event Study Methods. The Journal of Financial and Quantitative Analysis, 1985, 20:2, 151–68. Conditioning the Return-generating Process on Firm-specific Events: a Discussion of Event Study Methods. The Journal of Financial and Quantitative Analysis 20 151 68
  • Tsenkova, S. Housing Policy Reforms in Post Socialist Europe Lost in Transition. Heidelberg: Physica-Verlag, 2009. Housing Policy Reforms in Post Socialist Europe Lost in Transition.
  • Vaidyanathan, R. and S. Chava. Stock Returns and Price to Book Ratio. ICFAI Journal of Applied Finance, 1997, 3:2, 45–53. Stock Returns and Price to Book Ratio. ICFAI Journal of Applied Finance 3 45 53
  • Vega, C. Stock Price Reaction to Public and Private Information. Journal of Financial Economics, 2006, 82:1, 103–33. Stock Price Reaction to Public and Private Information. Journal of Financial Economics 82 103 33
  • Wang, K., S.H. Chan, and G.W. Gau. Initial Public Offerings of Equity Securities: Anomalous Evidence Using REITs. Journal of Financial Economics, 1992, 31, 381–410. Initial Public Offerings of Equity Securities: Anomalous Evidence Using REITs. Journal of Financial Economics 31 381 410
  • Wikipedia. Pan-Blue Coalition. Retrieved from http://en.wikipedia.org/wiki/Pan-BlueCoalition.2010a
  • Wikipedia. Pan-Green Coalition. Retrieved from http://en.wikipedia.org/wiki/Pan-GreenCoalition.2010b
  • Wooldridge, J.M. Introductory Econometrics: A Modern Approach. 2006.
  • Yahoo! Finance. Mutual Fund Top Performers–Global Real Estate. Retrieved from http://biz.yahoo.com/p/tops/GR.html
  • Zhang, Z.Y. Growth-Restricted Industry: Forecasting the Construction Industry under the Current Regulation. Professional Engineer Journal, 2008, 50, 10–5. Growth-Restricted Industry: Forecasting the Construction Industry under the Current Regulation. Professional Engineer Journal 50 10 5

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Order Reprints Request Corporate Permissions

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

Request Academic Permissions

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.

Related research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.